- (813) 513-2926
- office@sonlifehm.com
- 7223 N Manhattan Ave, Tampa, FL 33614
- NMLS # 1212809
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A conventional loan is a type of mortgage that isn’t backed by a government agency, such as the Department of Veterans Affairs. Conventional mortgages often meet the down payment and income requirements set by Fannie Mae and Freddie Mac and conform to the loan limits set by the Federal Housing Finance Administration, or FHFA.
A VA loan allows active-duty service members, veterans, and eligible surviving spouses to finance a home with no down payment, no mortgage insurance and lenient credit requirements. Understanding how a VA loan works will help you determine if it’s the right mortgage for your purchase or refinance plans.
An FHA loan is a government-backed mortgage loan that can allow you to buy a home with looser financial requirements. You may qualify for an FHA loan if you have debt or a lower credit score. You might even be able to get an FHA loan with a bankruptcy or other financial issue on your record.
If you originally got an adjustable-rate mortgage (ARM) to save on interest, but you’d like to refinance your ARM to a fixed-rate mortgage while rates are low. And if you have enough home equity to refinance your Federal Housing Administration (FHA) loan to a conventional loan and stop paying a mortgage insurance premium (MIP).
With a cash-out refinance, you borrow more than you owe on your home and pocket the difference as cash. If your home’s value has increased, you may have enough equity to take cash out for home improvement, debt consolidation or other expenses.
You can refinance to a shorter term with a lower interest. If you loan state with a 30yrs term you can resume to 15 years term with a lower interest.
You can also refinance to a longer term to lower your monthly payment.
Interest rates are always changing. If rates are better now than when you got your loan, refinancing might make sense for you. Lowering your interest rate can lower your monthly payment.
MLOs will guide you through the steps of getting a mortgage, answering questions, collecting documents, and verifying information. If you’re purchasing a home, they’ll also provide an estimate of your loan amount and interest rate based on a review of your income, credit report and assets.
MLOs will guide you through the steps of getting a mortgage, answering questions, collecting documents, and verifying information. If you’re purchasing a home, they’ll also provide an estimate of your loan amount and interest rate based on a review of your income, credit report and assets.
CEO / Mortgage Loan Originator
It has been a long and beautiful journey, 20 years of experience and satisfaction of knowing that we can be part of one of the biggest dreams of a person “buying a house, we are encouraged to help and guide our clients with kindness and excellence.
In 2014 I opened Sonlife Home Mortgage, LLC doors. We are dedicated to find the best deal that better fits our client’s needs, and we will make it happen. My team is trained and prepared, we are connected, and we share the same vision and goals, and that made us proud and satisfied.
Always with the help of God, all glory belongs to him!
Psalm 37: 4: Delight yourself in the Lord, and he will give you the desires of your heart.
Excellent team!!!….more than professional it feels like a family….thank God for being in the hands of Sonlife for my purchase.
Sonlife company where you find the realization of your dreams, professionalism, love and dedication to each situation.
Excellent treatment, a fantastic team, Honest, and everyone helps to the maximum! Thank you and God bless you all!!!
Excellent group, as a client on two occasions, I have received the best of services, special treatment, I can safely tell you that you will feel like family, with a lot of peace and confidence.